Falling levels of home ownership are opening a fault line under the retirement income security of more than a million pensioner households with the proportion in private rented housing set to triple,...
Nest has appointed Rachel Farrell to the newly created role of director of public and private markets. The master trust provider said this will strengthen the team at Nest Invest. Farrell will...
Smart Pension has been appointed to provide workplace pensions for the facility management company ISS UK. This will see £200m of AUM moved to Smart Master Trust, which will now run the...
Foster Denovo is buying Punter Southall Aspire’s employee benefits business and will integrate it into its Secondsight division. The transaction will mean the team doubles in size and increases its national coverage to...
Legal & General has agreed a £4.8bn full buy-in for the Boots Pension Scheme in what is the UK’s biggest ever single transaction by premium size. The deal secures the benefits of...
The government has confirmed that a multiple default consolidator model will be used to bring together small pots into a small number of authorised schemes. The Chancellor used the Autumn statement to...
Plans for a lifetime pension, also known as ‘pot for life’ have been unveiled by the Chancellor in his Autumn statement today. Under the plan employees will have the right to pay...
The Institute of Fiscal Studies will seek to ‘improve’ rather than redesign the UK’s pensions architecture through a cross-party review, which will make recommendations on how to boost levels of retirement savings. ...
The British Business Bank is launching a series of funds that will offer defined contribution (DC) pension schemes access to UK and overseas venture capital investments. The bank will establish an investment...
Jeremy Hunt is expected to make radical changes to workplace pensions in the UK, by allowing employees to nominate which scheme their employer pays into. The Financial Times has reported that these...
